Wednesday, February 11, 2009

Let the stimulation begin

A deal has been reached in conference. The percentage of tax cuts dropped from 42% to 35%. I guess that's worth a cheer. Now let's see how many Republicans will get on board. There's enough to pass the bill, but counting Republican "yes" votes at this point is really about how badly they will fail, when painted as the party that chose to do nothing, come 2010.**********UPDATE: It's smaller than the Senate bill and therefore still way too small: $789 billion. But the tax-cut drop is good, and, for what it's worth, Reid says it "creates more jobs than the original Senate bill and spends less than the original House bill." -- MJWS